Friday, July 3, 2009

From +85% to -2%

My buy-to-let barometer swings from plus to minus

It seems search engine interest in buy-to-let, the sharp end of property interest, has plunged in recent months. So surely that will begin to filter through to the market shortly and snuff out the recent revival, won't it?

Posted by v idiot @ 04:59 PM (3068 views)
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2 thoughts on “From +85% to -2%

  • Buy-to-let interest is speculative. So presumably this is a good sign – the speculators are finally being flushed out!

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  • James In London says:

    Nice article, albiet a blog post, so slightly more of a personal opinion as opposed to the London Standard’s typical viewpoint, but I think that supports the overall balance of the newspaper.

    In summary it seems to be stating that while the property market IS deflating, the government’s quantitative easing efforts might inflate a mini-bubble. Not the word “might”…

    …what’s gonna happen when interest rates rise and quantitative TIGHTENING kicks in?

    [Just to comment: ‘quantitative tightening’ is even trickier to say than ‘quantitative easing’… cripes!]

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